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Pastimes : Ask Mohan about the Market -- Ignore unavailable to you. Want to Upgrade?

To: John Hunt who wrote (16408)	9/14/1998 6:35:00 AM
From: John Hunt	Respond to of 18056

Dreading Derivatives Risky Stakes Could Batter Banks nypostonline.com << Could the next market shock lurk in derivatives? Bank stocks have been in a virtual free fall on Wall Street as investors fret over the potential fallout from their exposure to the tumultuous emerging markets such as Russia, Latin America and Asia. If bank balance sheets weren't already taking hits on several fronts, major U.S. banks are also principal players in the derivatives market and there's renewed speculation that an unknown amount of risky derivatives exposure may be waiting in the wings. >>